Three o'clock in the afternoon, Henglong Building 28th floor, reception area.
Chen Xi pushed the door open with several people. At this time, Zhao Chen had been standing in front of the window waiting for five minutes.
Shen Jue walked at the front, followed by three middle-aged men in dark suits.
She was wearing a smart beige suit today, with her usual calm look on her face.
"Chairman Zhao, long wait."
Shen Jue walked in and introduced sideways,
"This is Deputy Director Li from the Housing and Urban-Rural Development Bureau, this is Director Zhou from the Financial Supervision Bureau, and this is Section Chief Wang from the Natural Resources Bureau."
Zhao Chen shook hands one by one, exchanged greetings and sat down.
Chen Xi served the tea and sat quietly aside.
Zhang Qingxue was also called over and sat behind Zhao Chen.
Deputy Director Li is in his early fifties, with gray hair, and speaks with an obvious official accent:
"Chairman Zhao, we are here this time because we have something to ask Henglong for help."
Zhao Chen nodded:
"Director Li Please say."
Deputy Director Li sighed:
"Haoyu Construction, you know, right?"
Zhao Chen's brows moved slightly.
Haoyu Construction.
Chen Hao family company.
It's true that he hasn't paid attention to this person for a long time.
Since that "praise", Chen Hao has kept a low profile in school. After that, no one mentioned his name to him.
I didn't expect to hear this name again, it turned out to be...
"I've heard of it," Zhao Chen said, "It's an old local construction company."
"I'm about to die." Deputy Director Li said without mincing words.
"Severe liquidity crisis, several projects have been stopped. There is a risk of unfinished business."
He paused:
"The city attaches great importance to this matter. After all, it involves the wages of hundreds of workers and hundreds of Suite coins that have been pre-sold.
Therefore, a special working group was set up - led by housing construction, financial supervision, natural resources, and Court were all involved, and the first one was responsible to the deputy mayor in charge."
Director Zhou took the call:
"We have been investigating for less than half a month and found that the situation is more complicated than expected, but it is not that bad.
The main problem with Haoyu Construction is that Capital Chain is broken, and most of the projects themselves are not insolvent.
As long as capable companies step in and provide some financial support, these projects can be fully revived."
Zhao Chen Jingjing listened calmly without interrupting.
Deputy Director Li looked at him:
"Chairman Zhao, we have done some research. Among the local Real Estate companies, the only one with cash and strength is Henglong."
He paused:
"So the working group hopes that Henglong can take on two or three Haoyu Construction projects. We can talk about the specific ones."
He motioned to Section Chief Wang.
Section Chief Wang opened Briefcase and took out a thick stack of documents:
"Chairman Zhao, this is the detailed information of all suspended projects of Haoyu Construction.
Land certificates, planning permits, construction permits, pre-sale certificates, debt status, litigation status - it's all there.
You can take a look first and consider it."
Zhao Chen took the file but did not open it.
He looked at Zhang Qingxue.
Zhang Qingxue nodded slightly, took the stack of information, and began to flip through it quickly.
Zhao Chen then spoke:
"Director Li, Director Zhou, Section Chief Wang, thank you for your trust.
Henglong's current financial situation is indeed relatively healthy and he has the ability to undertake new projects.
But for this kind of thing, it's not just whether the project is good or not, but also how big the risk is."
He paused:
"Can I ask a few questions?"
Deputy Director Li nodded:
"Of course."
Zhao Chen said:
"First, how much does Haoyu Construction owe now? Who are the creditors?
Are there any priority payments, such as project fees and workers' wages?"
Director Zhou answered:
"The total debt is about 800 million.
Banks accounted for the majority, about 500 million; Suppliers and construction units accounted for about 200 million; and another 100 million was private loans.
The workers' salary is about 20 million, and this has priority."
Zhao Chen nodded and looked at Zhang Qingxue.
Zhang Qingxue raised his head:
"Chairman Zhao, I'll ask next."
She looked at Director Zhou:
"Director Zhou, how many of these debts are directly linked to these suspended projects? How many are unified borrowings and loans at the company level?"
Director Zhou was stunned for a moment:
"This... mostly is financing at the project company level.
Haoyu Construction A separate project company is established for each project, and the land mortgage and construction-in-progress mortgage are very clear.
The debt at the company level is mainly Working Capital loan, which is about 200 million yuan."
Zhang Qingxue continues to ask:
"What about the litigation situation? How many projects have been sealed by Court?"
Section Chief Wang answered:
"Currently, there are three projects subject to litigation, but only one has been sealed for the first time. The other two are waiting to be sealed.
If the funding problem can be solved, we can coordinate the unblocking of Court."
Zhang Qingxue pushed up his glasses:
"There is another question, which is also the most critical - what is the current status of the pre-sale fund supervision accounts of these projects? Is the money still there?"
As soon as this question came out, the three people on the other side were silent for a second.
Deputy Director Li smiled bitterly:
"Lawyer Zhang asked about the idea. Most of Haoyu Construction's pre-sale fund supervision account has been misappropriated.
This is also the first reason why their Capital Chain broke."
Zhang Qingxue looked at Zhao Chen.
Zhao Chen's expression didn't change much.
He thought for a while and asked again:
"In what way does the working group hope that Henglong will intervene? Be the first to acquire equity in the project company? Or acquire an asset package? Or provide funds for cooperative development?"
Deputy Director Li said:
"We prefer the first option. Henglong will acquire the equity of the project company, assume the corresponding assets and liabilities, and continue to complete the development.
This is the cleanest and has the fewest follow-up problems."
Zhao Chen nodded:
"I understand. But this model also has the greatest risk.
If the project company has undisclosed hidden debts or complex legal disputes, we will come in to take over."
He looked at Zhang Qingxue.
Zhang Qingxue understands:
"Director Li, if we want to go through equity acquisition, we must complete Due Diligence. It will take at least one month.
Moreover, we need Court to issue a letter of commitment to ensure that the original seizure can be lifted in time after the acquisition is completed."
Deputy Director Li pondered for a moment:
"This... I can coordinate. But in terms of time, I hope it can be faster. If the project is stopped for one day, the loss will be greater."
Zhao Chen said:
"I understand. In this case, I will leave the information first and let the team look at it as soon as possible.
Within a week, I will give you an answer as to which projects Henglong is interested in. Then we will discuss the specific conditions."
Deputy Director Li stood up:
"Okay. Chairman Zhao is refreshing."
He stretched out his hand:
"Then we are waiting for your good news."
Zhao Chen sent Deputy Director Li and his party to the revolving door.
"Director Li Walk slowly." He stretched out his hand.
Deputy Director Li shook his hand and patted his shoulder:
"Chairman Zhao, waiting for your good news."
The three of them walked out of the door and got into the waiting official car.
Zhao Chen stood on the steps, watching the car drive into the traffic, then turned around and walked back.
Entering the lobby, he saw Shen Jue still standing at the elevator entrance.
She didn't follow him out to see him off.
Zhao Chen's mouth moved slightly.
Sure enough.
He walked to the elevator and pressed the up button.
The two walked into the elevator side by side.
The door is closed.
Zhao Chen looked at the reflection of the two people on the elevator door and said nothing.
Shen Jue didn't say anything either.
But the smile at the corner of her mouth said it all.